News

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Sat, 17 Nov 2018 13:25:16 GMT

Germany's Transport Minister to welcome Uber by 2021

Andreas Scheuer, the Transport Minister of Germany, announced its intention to open Germany's market to car pooling services, including Uber and other firms, by 2021.

Sat, 17 Nov 2018 12:20:57 GMT

China's export container tranport loses stream in October

China's container transport index lost pace in October, standing at 834.55 point, as the traditional growth season was close to the end, the Shanghai Shipping Exchange's data showed.

Sat, 17 Nov 2018 12:13:50 GMT

Brazilian economy expands 1.74% in Q3

The Brazilian economy expanded 1.74% in the third quarter of 2018, compared with the Q2, with the IBC-Br index seening the largest growth in July-September since 2012, when it reached 1.92%.

Sat, 17 Nov 2018 11:35:12 GMT

China's raw coal output remains stable in October

The Chinese raw coal output kept stable growth pace in October, expanding 8% year-over-year to 310M tonnes, acceleraing from the 5.2% growth rate in the prior month, according to the NBS.

Sat, 17 Nov 2018 11:25:32 GMT

Indian exports grow almost 18%, trade deficit too wide

Indian overall exports, including services and merchandise, are expected to be $308.32B from April to October, growing 17.17% over the same time last year, the official data showed.

Sat, 17 Nov 2018 10:20:40 GMT

Singapore calls for collaboration over digital technologies

The Prime Minister of Singapore Lee Hsien Loong on Saturday noted that the Pacific region is full of opportunities and called other states to work together in digital sector.

Sat, 17 Nov 2018 10:10:37 GMT

Iran expects notable growth of trade with Iraq

The President of Iran Hassan Rouhani stated on Saturday that trade volume between his country and neighbouring Iraq could incease from $12B to $20B.

Sat, 17 Nov 2018 09:13:31 GMT

UN presents report about poverty in Britain

The United Nations (UN) emissary to Britain Philip Alston stated on Saturday that nearly 14M people in the country are poor, including 1.5M people that are not able to afford themselves basic needs.

Sat, 17 Nov 2018 09:09:31 GMT

Cuba and Russia ease traveling regime

The Cuban and Russian governments have signed agreements, which allow their citizens to reside in both countries for three months without a need to apply for a visa.

Sat, 17 Nov 2018 07:54:20 GMT

Bannon to work with Hungary PM

The US President Donald Trump former strategist Steve Bannon said that he plans to work with Hungary's Prime Minister Viktor Orban in the next year's European Parliamentary elections.

Sat, 17 Nov 2018 07:53:23 GMT

China-US trade barbs at APEC summit

The United States and China traded barbs over regional security, investment and trade at the APEC summit.

Sat, 17 Nov 2018 07:08:12 GMT

US and Australia to build new naval base in the Pacific

On Saturday, the US Vice President Mike Pence said that the United States would join Australia to develop a new naval base on Manus Island.

Sat, 17 Nov 2018 07:07:07 GMT

Russian PM Medvedev warns against growing protectionism

On Saturday, the Russian Prime Minister Dimitry Medvedev warned global leaders against growing protectionism at APEC summit.

Sat, 17 Nov 2018 05:46:07 GMT

Australian Prime Minister speaks at APEC summit

On Saturday, the Prime Minister of Australia Scott Morrison announced that global leaders need to embrace free trade instead of protectionism.

Sat, 17 Nov 2018 05:45:39 GMT

Global stock markets end the week higher

Global stock indices ended the week's trading with a surge on Friday. The surge occurred mainly due to the US President Donald Trump announcing that there might be no further trade tariffs on Chinese goods.

Sat, 17 Nov 2018 05:34:55 GMT

Pence comments on trade war with China

The Vice President of the United States on Saturday announced that the United States will not end their measures against China until China changes its trading policies.

Sat, 17 Nov 2018 05:34:26 GMT

Pence meets with Taiwan's trade envoy

On Saturday, it was revealed that the Vice President of the United States Mike Pence met with the Taiwan's envoy to the APEC summit.

Sat, 17 Nov 2018 03:42:50 GMT

Nations meet with different opinions at APEC summit

On Saturday, the countries of the Asia-Pacific summit met divided into two camps. One group called for radical changes in global trade. The other group wanted a return of the status quo in globalization.

Sat, 17 Nov 2018 03:42:42 GMT

Chinese authorities change the rules to delist a company

The authorities of China's stock exchanges released new rules on Saturday to delist from the Shenzhen stock market the stock of Changsheng Bio-Technology.

Sat, 17 Nov 2018 03:26:51 GMT

Oil Prices end the week with a decline

The global crude oil price benchmarks ended the week with a consecutive sixth week of losses. Although, the oil prices experienced a recovery in the second part of the week.

Sat, 17 Nov 2018 03:26:23 GMT

US Dollar ends the week in red

On Friday, the US Dollar ended the week's trading with losses against a basket of other currencies. Financial media explained the decline by comments made by the newly appointed Federal Reserve's Vice Chairman.

Fri, 16 Nov 2018 21:36:40 GMT

Fed's Evans: reasonable to hike rates to 3.25%

Chicago Fed Bank President Charles Evans stated that raising rates to about 3.25% would be reasonable assumption, given his prospects for the US economy.

Fri, 16 Nov 2018 21:34:31 GMT

Google Cloud: Thomas Kurian to be new CEO, replacing Diane Greene

Thomas Kurian, the ex-chef of Oracle product, is likely to replace Diane Greene to become the cloud division head at Alphabet's Google in the following weeks, Greene announced on Friday.

Fri, 16 Nov 2018 20:05:17 GMT

Dow and S&P 500 surge after Trump remarks on trade

The Dow Jones and the S&P 500 surged on Friday after the US President Donald Trump said that the United States might not impose further tariffs on the Chinese imports.

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